Back 23/34 Palmerston St
Off Market

23/34 Palmerston St

Perth WA 6000

2
1
1
105 m²
155 m²
Apartment
Claude IaconiClaude Iaconi, last sold this property on 09 March 2026 after 5 days on market.

Overview

STUNNING FACTORY SETTING

SOLD BY CLAUDE IACONI | EDISON PROPERTY Iconic Rialto Terraces - 2 Bed Industrial Chic Done Right A genuine factory conversion opportunity awaits the adventurous urban dweller. Set within the historic Rialto Terraces, this impressively proportioned two-bedroom, one-bathroom single-level residence with secure under-building parking and storeroom delivers space, funky style and unbeatable city-edge convenience. Built in 1915 and thoughtfully converted in 1999, Rialto Terraces transitioned from its original warehouse/factory origins into an uber-chic residential complex suited to discerning home buyers and investors alike. Step through the iron-gated entry at 34 Palmerston Street and you're welcomed by an Italianate-styled internal avenue where history permeates every corner - an elegant homage to Perth's industrial past. Importantly, there are no expensive pools, lifts, gyms or saunas here - just a beautifully refurbished, character-rich complex focused on architectural integrity and lifestyle simplicity. THE APARTMENT Commanding a sunlit, secure and convenient position within the complex, Apartment 23 offers a vast 106sqm of internal living (155sqm gross strata area). The expansive open-plan living and dining zone is the centrepiece - framed by soaring ceilings and full-height windows that flood the space with natural light and create an unmistakable New York-style warehouse ambience right on the CBD fringe. In a striking salute to heritage conservation, the cavernous proportions continue into two massive bedrooms, both air-conditioned, both enjoying large windows, soaring ceilings and minimalist pendant lighting. A contemporary bathroom capably services the home, while the well-equipped kitchen features a gas cooktop and generous storage, ideal for everyday living or entertaining. Effortless outdoor entertaining in the expansive, paved courtyard caps off a remarkable urban home. FEATURES YOU'LL APPRECIATE: \ 106sqm internal | 155sqm total strata area \ Two oversized bedrooms, both air conditioned \ Vast open-plan living and dining \ Soaring, metal ceilings & full-height windows \ Gas cooktop & ample kitchen storage \ Secure under-building parking (1 bay) \ Contemporary bathroom \ Separate storeroom \ 30m2 entertainers courtyard Outgoings: Water Rates: $1,269.17 pa Council Rates: $1,634.10 pa Strata Levy: $1,128.35 p/qtr THE LOCATION On the cusp of buzzing Northbridge and just a short stroll into the CBD, this address places you right in the thick of it - morning coffee runs, spontaneous dinners, small bars and everyday essentials all just footsteps away. This is warehouse living as it was meant to be - bold in scale, authentic in character and unapologetically individual. A rare inner-city offering for buyers who refuse to settle for ordinary. ALL OFFERS PRESENTED and Seller may choose to accept any Offer at any time without prior notice. Act now. For further information or to arrange your private viewing, contact inner-city authority Claude Iaconi | Edison Property on 0412 427 877.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
105 m² floor area
155 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Perth over the last 12 months, the estimated median property value of 23/34 Palmerston St is $660k.

Median value
$660k
Estimated value range
$400k - $1.23m
Median days on market
22
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Perth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23/34 Palmerston St

2026
Sold
09 Mar 2026 by Claude Iaconi, of EDISON CENTRAL
2025
Rented
Undisclosed
Leased on 30 Mar 2025 by Perth Property Management

Happy sellers in Perth

92%
92% of sellers in Perth reported that their sale price either exceeded or met their price expectations.

Perth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 113 reviews in Perth over the last 12 months.

Local market activity for 2 bedroom apartments in Perth

In the last 12 months, 267 two-bedroom apartments similar to 23/34 Palmerston St, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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